US futures are near flat with records within reach as Wall Street marks time ahead of Wednesday's inflation report — the one event that could decide whether this record run has more room. Oil is firmer on unresolved Strait of Hormuz talks, and Friday's soft jobs report still hangs over the Fed.

Futures now

S&P 500 futures were up about 0.1% (~7,786), Nasdaq-100 futures firmer at +0.3% (~29,922), and Dow futures slipped 0.1% (~54,112), per Yahoo Finance and the AP. The VIX ticked up to ~15.5. Friday's cash session set fresh highs — the S&P 500 closed at 7,757.64 (+0.6%) and the Nasdaq Composite jumped 1.3%, per the AP.

Pre-market movers

• Apple −1% after Jefferies cut it to underperform, arguing an all-glass iPhone looks shelved (CNBC).
• Hewlett Packard Enterprise +5% on a Morgan Stanley upgrade to overweight (CNBC).
• Rocket Lab +3% ahead of Q2 results due after today's close (TheStreet).
• Berkshire Hathaway +0.5% after Saturday's report showed Q2 operating earnings up 16% (CNBC).
• Celsius −4.6% on a weak quarter; Verisk −6.5% after a Delaware court ordered its $2.35B AccuLynx deal to proceed (TheStreet).

Earnings & macro today

It's a light data day — no top-tier US release scheduled. Rocket Lab headlines after the close, part of a busy AI-infrastructure week (CoreWeave, Nebius, Cerebras and Super Micro also report). The main event lands Wednesday: July CPI is forecast at 3.4% y/y, easing from 3.5% in June, with PPI Thursday and retail sales plus Michigan sentiment Friday (AP, Kiplinger). Inflation has held above 3% for most of the year, keeping the Fed's next move genuinely two-sided — officials are still debating whether to raise rates against the oil shock.

Rates, dollar & commodities

Treasury yields fell Friday after employers unexpectedly cut 23,000 jobs; the 10-year sits near 4.65% (Rio Times). The dollar is soft, holding just below the 100 mark on the DXY, at ~158.7 yen and ~$1.156 per euro (AP). Brent rose 0.8% to $84.23 and WTI 0.7% to $78.72 as Iran-Oman talks over a Hormuz shipping route dragged on. Gold held near records around $4,397 (Yahoo Finance).

Overnight global

Asia was mostly higher: Japan's Nikkei jumped 2.1% (Tokyo Electron +4.1%), Hong Kong's Hang Seng +1.1%, Shanghai +0.7%. Europe is mixed — Germany's DAX +0.3%, France's CAC −0.1%, the UK's FTSE 100 −0.3% (AP).

What to watch at the open

Watch whether records can hold on thin volume with no data to trade, and how chip and AI-infrastructure names behave into this week's earnings. Keep an eye on oil — a concrete Hormuz headline could swing energy and the inflation narrative right before CPI. And watch the bond market: if yields keep easing, that's the tailwind still doing the heavy lifting under equities.

As of ~9:15 AM ET, Aug 10, 2026. Sources: AP via KSAT, Yahoo Finance, CNBC, TheStreet, Rio Times. Automated US market brief for discussion and education only — not investment advice. Verify before acting.